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Anticipated acquisition by Elster Group GMBH of the water meter and boundary box businesses of Severn Trent Metering Services Limited

On 28 May 2009, the OFT published the full text of its decision in the anticipated acquisition by Elster Group GMBH of the water meter and boundary box business of Severn Trent Metering Services. The OFT announced its decision not to refer the merger to the Competition Commission under the Enterprise Act 2002 on 29 April 2009. The OFT concluded that the merger would not result in a substantial lessening of competition in relation to the supply of residential water meters in the UK. On the basis of bidding data, the OFT found that the parties were not each other's closest competitors and that there will remain effective competition from alternative suppliers.